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News HL Cement Malaysia and Ridge Star acquire Tasek Corporation

HL Cement Malaysia and Ridge Star acquire Tasek Corporation

Written by Global Cement staff 18 May 2020
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Malaysia: Singapore-based Hong Leong Asia subsidiary HL Cement Malaysia has acquired an 88% stake in Tasek Corporation. Hong Leong Asia subsidiary Ridge Star has acquired the remaining 12% minority stake. MarketLine News has reported the total value of the deal as US$19.4m.

Last modified on 20 May 2020
Published in Global Cement News
Tagged under
  • Malaysia
  • HL Cement Malaysia
  • Ridge Star
  • Acquisition
  • Tasek Corp
  • Tasek Cement
  • Hong Leong Asia
  • Singapore
  • GCW456
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